Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : ACII - AmeriChip International, Inc -- Ignore unavailable to you. Want to Upgrade?

To: nwest who wrote (1112)	2/6/2008 9:21:42 AM
From: Don Hand	Respond to of 2396

If anything it means they keep control of the company. Assuming Preferred has more voting rights.

To: nwest who wrote (1112)	2/6/2008 11:50:41 AM
From: boundtb	Respond to of 2396

It means at todays bid: @ .042 They gave themselves as follows: Walthers : $4,830 & .59% increase in share count. Rutkowski: $4,830 & .59% increase in share count. Schwanitz: $1,050 & 2.34% increase in share count. A. $10,710 in Total B. As a percentage of Estmated Rev Q1 2008: $1,250,000 = .86% C. The effect on OS: 255,000/200,000,000 is about .0013 D. The effect on EPS: may show up in .000 of a decimal point. The above obviously also means they receive more if the pps goes up or just about nothing if it goes down. I don't see this as monetarily significant or the increase in share count as earth shattering/lets run for the hills in fear. I mean, WOW, Schwanitz gave himself a whooping $1050. Am I seeing things wrong here, am I off a few decimal points or something. Anyway. Question : If this was a bonus would you rather they paid this to themselves in cash or in shares? I'm going with "in shares" It's tied to performance. Lets hope they make it worth thier while and ours. ALL IMHO boundtb